Oligonucleotide API Market to Reach US$ 4 Billion, Globally, by 2030at 11% CAGR: FMI

According to FMI – an ESOMAR-certified market research firm, the global oligonucleotide API market is estimated to reach US$ 3 Bn in 2020, and witness a CAGR of 11% through 2030.

According to FMI’s analysis, as of now, 100+ oligonucleotide APIs are in the clinical trials’ phase, and regulatory approval is on the cards. Post-approval, the demand for production capacity will witness an exponentiation, thereby driving the oligonucleotide API market through 2030.

Oligonucleotides are being looked upon as the subsequent large group of therapeutics following biologics and molecules. This could be attributed to the assurance on their part to develop drugs at lower costs.

Apart from immune therapy, microbial and cardiovascular infections, and cancer, oligonucleotide APIs are being tried out to treat neurological disorders like Alzheimer’s as well. However, factors like regulatory complexities and timely delivery of oligonucleotides (amidst Covid-19) are acting as restraints.

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The top 5 Key players in oligonucleotide API market include:

  • Sarepta Therapeutics,
  • Akcea Therapeutics,
  • Jazz Pharmaceuticals, Inc.,
  • Biogen,
  • Dynavax Technologies.

The players are focusing on enhancing their regional and global presence in the enterprise solutions through inorganic growth strategies. At the same time, new product launches have been on the anvil.

For instance –

  • Biogen, Inc., in May 2019, put forth interim results of phase I/II study with respect to tofersen for treating ALS (amyotrophic lateral sclerosis). Tofersen is an antisense oligonucleotide (ASO).
  • Dynavax, in the year 2017, launched Heplisav-B at the commercial level. It is a 1-month, 2-dose adult Hepatitis B vaccine.
  • In 2017, GE’s Dharmacon business partnered with CordenPharma International for creating end-to-end oligonucleotide APIs-based drugs.

Key Takeaways from Oligonucleotide API Marker Study

  • Antisense Oligonucleotides APIs are anticipated to reach US$ 4 Bn by 2030.
  • North America and Europe collectively accounted for more than 47% of revenue share in 2019 while Asia Pacific is expected to grow at the fastest rate in the forecast period.
  • Increase in use of antisense oligonucleotide APIs (especially post approval from US FDA in 2016) to boost the market in the forecast period

New Product Launches: Key Indicators to Oligonucleotide APIs Market

FMI has analyzed players such as Akcea Therapeutics, Biogen, Sarepta Therapeutics, Jazz Pharmaceuticals, Inc., Alnylam Pharmaceuticals, Inc., and Dynavax Technologies in this report. According to the analysis, these players are consolidating their positions through new product launches.

For instance –

  • In Mar 2020, Dynavax entered into collaboration with Clover Biopharmaceuticals for developing a vaccine candidate to combat Covid-19. Clover is into advanced evaluation of its Covid-19 S-Trimer, protein-based coronavirus vaccine candidate and Dynavax has its technical expertise along with proprietary toll-like receptor 9 (TLR9) agonist adjuvant, CpG 1018 for executing this.
  • Alnylam Pharmaceuticals, Inc., in 2018, launched Givlaari and Onpattro at the commercial level.

Gene Therapy and Oligonucleotide APIs

Synthetic oligonucleotides are being used in gene therapy for inactivating genes that help in propagating the disease. Antisense oligonucleotide APIs are used for disrupting the faulty gene’s transcription.

Also, siRNA could be used for signaling the cell to disrupt faulty mRNA’s translation. Along these lines, Pharmamar, in Jan 2020, signed an agreement with Jazz Pharmaceuticals for selling the API for “lurbinectedin”, one of the late-phase treatments for SCLC (small cell lung cancer) so that the latter could commercialize it.

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The study provides compelling insights on Oligonucleotide API market on basis of API type in detail cover every aspects of the market such as Antisense Oligonucleotides API, Short Interfering RNA (siRNA) API, Phosphorodiamidate Morpholino Oligonucleotides (PMO) API, MiRNA API, Aptamers API, CpG Oligonucleotides API  and Others (ON Conjugates (NP), ShRNA, etc.), Marketing Status (Marketed, Clinical Trials (Clinical Phases)), and end users (Pharmaceutical Companies  and Biotechnology Companies)) across seven major regions.

Oligonucleotide API Market: Segmentation

API Type

  • Antisense Oligonucleotides API
  • Short Interfering RNA (siRNA) API
  • Phosphorodiamidate Morpholino Oligonucleotides (PMO) API
  • MiRNA API
  • Aptamers API
  • CpG Oligonucleotides API
  • Others (ON Conjugates (NP), ShRNA, etc.)

Marketing Status

  • Marketed
  • Clinical Trials (Clinical Phases)

End User

  • Contract Manufacturing Organizations (CMOs)
  • Pharmaceutical Companies
  • Biopharmaceutical Companies
  • Contract Development & Manufacturing Organizations (CDMOs)

Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • MEA

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Manual Resuscitator Market is set to surpass a valuation of USD 500 million by 2030

The global manual resuscitator market is set to surpass a valuation of USD 500 million by 2030, according to a research by ESOMAR-certified firm Future Market Insights (FMI). In a new study on the market, the

COPD (chronic obstructive pulmonary disease) is amongst the most life-threatening diseases, wherein breathlessness forms the very first symptom. The WHO states that the number of people affected by COPD crossed 250 Mn in 2019.

The US alone has more than 15 Mn cases (as per the American Lung Cancer Association). There isn’t any direct cure on records as of now. As such, symptomatic treat is being administered.

According to FMI’s analysis, manual resuscitator is sufficing at the moment. However, automation in this regard is bound to restrain the market in the years to come.

Manual Resuscitator Market Outlook and Key Findings

  • The global manual resuscitator market is expected to witness a CAGR of over 4.1% between 2020 and 2030
  • North America and Europe collectively account for more than 50% of market share and the scenario is expected to remain the same in the years to come.
  • Outbreak of Covid-19 has resulted in more than 60% of growth since Mar 2020
  • Automation of manual resuscitators is expected to restrain the market in the near future

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What’s with Infants and Neonates?

According to the WHO, in the year 2018, close to 2.5 Mn children died in the very first month of their life due to pre-term birth, infections, or birth asphyxia.

It further states that around 23% of infants were diagnosed with birth asphyxia in the same year. Resuscitation is a must in cases like these.

The trend mentioned above, apart from COPD, is expected to take the manual resuscitator market at a higher stride in the forecast period (2020-2030).

Key Takeaways

  • Self-inflating bags accounted for the highest market share in 2019 as the usability is greater in emergency situations. Also, NCBI states that neonatal care could be best adhered to through self-inflating bags.
  • Flow-inflating bag (better known as anaesthesia bag) is expected to witness an exponential growth between 2020 and 2030 as it finds its applications in intensive care units, wherein even a bit of fluctuation in oxygen delivery is uncalled for.
  • Out-of-hospital cardiac arrests have been increasing worldwide. Around 395,000 such cases are seen in the US alone every single year. The National Academies of Sciences, Engineering and Medicine (US) has been conducting public workshops for improving strategies to survive cardiac arrests. This will also drive the demand for manual resuscitators as the primary course of treatment.
  • The outbreak of Covid-19 has escalated the demand for manual resuscitators as breathlessness is one of the symptoms herein.

“Neonatal Care is the primary area of focus by the governments worldwide, along with heart-related ailments. This trend is bound to bolster the manual resuscitation market in the forecast period” – says the FMI analyst.

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Key Participant Insights

The global market is set to enhance its scope in the forecast period, due to rising number of cardiac arrests. In addition to this, cost-effectiveness is augmenting the sales of manual resuscitator.

The key market players covered by FMI include HUM Systems for Life, GE Healthcare, Covidien Plc, Hopkins Medical Product, Drager Medical AG and Co., Laerdal Medical, Me. Ber. Srl, Hill, Ambu A/S, Philips Healthcare, CareFusion, Weinmann, and Medline Industries.

Key Segment

Type

  • flow-inflating resuscitator
  • self-inflating resuscitator
  • T-piece

Modality

  • Silicone
  • PVC
  • rubber

Technology

  • pop-off valve
  • PEEP valve
  • others

Type of Patient

  • Pediatric
  • Adult
  • Others (Neonates and Infants)

End-Use

  • hospital
  • out-of-hospital (home care, community care, primary care)
  • ASC
  • Military
  • others (specialized diagnostic centres, specialized clinics)

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Geography

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • MEA

Capillary Underfill Material Market Is Set to Experience Revolutionary Growth by 2027

Underfill materials are fused formulations of inorganic fillers and organic polymers which can be used as a semiconductor packaging to attain better quality of thermo-mechanical presentation. Polymer adhesives are mainly used to underfill material which distributes the mechanical stress at the joint which happens due to the modification in the thermal expansion factors. Numerous amine and phenolic based epoxy things are used in semiconductor packaging industry for underfill material. High thermal constancy and rework ability are preferred characteristics for underfill material in the semiconductor packaging industry which are used in various packaging techniques such as chip scale packaging (CSP), ball grid array (BGA), and flip chip,  etc.
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Molded underfill (MUF), Capillary underfill (CUF) and no flow underfill (NUF) are some techniques which are used in underfill materials. The global semiconductor packing trade (underfill material parent market) is expected to frequently expand at high growth rates in the anticipated period.The Capillary Under fill material are used to encapsulation of the bottom side of a silicon die, encapsulation can be defined as a top surface where delicate parts are interconnected, but in capillary underfill material it interconnects on the bottom side of the die. An effective underfill process outcomes in complete encapsulation of the bottom side of the die which is free from air entrapment with an even meniscus on all 4 sides, if in encapsulation the bubbles are present, it may cause defect during normal operating temperatures due to the expansion of the gas in the void.

Global Capillary under fill Material Market: Segment Overview

Among application, the flip-chip segment is anticipated to grow at rapid pace in the forecast period as the demand for smaller, lighter and cost effective devices is seeking the attention towards the capillary underfill material.

Global Capillary underfill Material Market: Regional Outlook

On the basis of the geographical market segment, it is segmented into seven different regions: North America, Latin America, and Eastern Europe, Western Europe, and Asia-Pacific region, Japan and the Middle East and Africa.

In regional segments, Asia-Pacific is the leading market for the Global Capillary under fill Material Market and is anticipated to continue its position during the forecast period followed by North America and Europe. Asia-Pacific is considered as a most attractive market in terms of revenue for Global Capillary underfill Material. The expansion is mainly attributed to increasing of the Underfill Material Market in developing nations like China. Taiwan is anticipated to the most attractive country during the forecast period. China has a tough competition with South Korea, as South Korea is the world leader in capillary underfill material market. The Middle East and Latin America is on the lower side in terms of demand for underfill material as compared to other regions.

Global Capillary underfill Material Market: Drivers

The Global Capillary underfill Material Market is expected to witness sustained growth over the forecast period. The growth of global capillary underfill material market is driven as there is favorable growth in the recent developments in the electronic industry is a major factor which will boost the global capillary underfill material market.

Global Capillary underfill Material Market: Key Players

Some of the players operating in the Capillary underfill Material includes Namics Corporation, Zymet, Nordson Corporation, Epoxy Technology Inc., YINCAE Advanced Material, LLC, H.B. Fuller, Master Bond and Henkel Ag & Co. Kgaa, and few other regional players. According to the research report, above players are increasingly investing in research and developmental activities to develop solutions in order to improve their technological advancements and to enhance the product portfolio and broaden their consumer base.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type of product and applications.

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The report covers exhaust analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

The regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia-Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • The Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Global Capillary under fill Material Market: Segmentation

Based on the Product Type, Capillary underfill Material market can be segmented into:

  • No Flow Underfill Material
  • Molded Underfill Material
  • Others

Based on the Application, Capillary underfill Material market can be segmented into:

  • Flip Chips
  • Ball Grid Array (BGA)
  • Chip Scale Packaging (CSP)
  • Others

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint.

About us :

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact :

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

IV Bag Market Revenue Growth Predicted by 2027

Integrity and high performance quality are necessary features for products supplied in the parenteral packaging market. The global IV bags market has emerged as a key market segment in the parenteral packaging market and is marked by supply of plastic materials used for intravenous therapy with principal application in hospital care. Patients suffering with diarrhea and fever are prone to experience low electrolyte levels, which causes moderate or severe case of dehydration, especially in children. IV bags are used in intravenous therapy for curing or rehydrating the patient. IV bags are also useful for delivering medications and for blood transfusion directly to veins.
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Global IV Bag Market: Market DriversIV bag costs around US$ 1, while alternative products such as infusion pumps costs around US$ 2300. Easy availability and affordability of IV bags have made it a widely preferred parenteral packaging solution. Significant number of countries across the globe have limited capacity in terms of procuring infusion pumps for intravenous therapy, due to which the demand for IV bags is strengthening globally. The need for blood storage is another important factor driving the demand for IV bags market, as blood stored in the IV bags can be important for saving the life of a patient during critical time. The extensive use of IV bags for delivering the medications to a patient directly to the veins is another factor influencing the demand for the IV bags market. The increasing penetration of the medical facilities in underdeveloped areas of many countries is expected to provide opportunities to IV bag market over the forecast period. In the backdrop of the ability of the IV bags to meet storage, transportation, sterilization, and handling requirements the demand for IV bags market is expected to move vertically upwards.

Global IV Bag Market: Restraints

The risk of infection and collapsing of veins due to the needle being attached for a longer period is a concern of many authorities which may hamper the IV bags market. The improper monitoring of the intravenous therapy can also cause the nutrient imbalance in the patient body. The presence of substitute of IV bags such as plastic bottles, glass bottles, and infusion pumps to control the flow of the solution into the veins can resist the growth of the IV bags market. IV bags are commonly manufactured of the standard size of 1 liter, and children cannot be exposed to such large size of a solution of electrolyte. So in developing countries where patient to staff ratio is extremely small IV bags market may not have future growth, especially if there is some technological development which is as cheap as IV bags. However, the replacement of PVC material with eco-friendly materials could provide product development opportunities into the IV bags market.

North America is expected to lead the IV bags market over the forecast period due to its wide scope in the healthcare sector, particularly due to the high rate of obesity in the region. IV bags market is anticipated to register rapid growth in APEJ region over the forecast period owing to the increasing penetration of medical facilities in the rural areas, densely populated areas, increased awareness and demand for healthy life. The growth for IV bags market in Eastern and Western Europe in expected to be remain moderate over the forecast period.

Global IV Bag Market: Key Players:

Some key players of IV bag market are Mountainside Medical Equipment, Kraton Performance Polymers Inc., Renolit, Angiplast Pvt. Ltd, Medline Industries, Inc., Baxter, Sippex IV bag, Wipak Group Management, B. Braun Medical Inc., ICU Medical, Inc., Guangdong lejin medicine Co.,Ltd, Fresenius Kabi Group.

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil and Rest of Latin America)
  • Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg and Rest of Western Europe)
  • Eastern Europe (Poland, Russia and Rest of Eastern Europe)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC, S. Africa, and Rest of MEA)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Global IV Bag Market: Market Segmentation

IV bag market can be segmented by the type of material used and by the end use and by capacity.

Based on the type of material used, IV bag market can be segmented into:

  • PVC
  • Ethylene vinyl acetate
  • Polypropylene
  • Copolyester ether

Based on the type of end use, IV bag market can be segmented into:

  • To correct electrolyte imbalances
  • To deliver medications
  • Blood transfusions
  • Blood Storage

Based on the size, IV bag market can be segmented into:

  • 0 – 250 ml
  • 250 – 500 ml
  • 500 – 1000 ml

Regionally global IV bag market is segmented into

  • North America
  • Latin America
  • Eastern Europe
  • Western Europe
  • Asia-Pacific excluding Japan (APEJ)
  • Middle East & Africa (MEA)
  • Japan

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

About us :

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact :

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

Retort Pouches Market Prospects and Growth Assessment 2027

Retort pouches are heat resistant bags made that are used in packaging of heat-treated food. Retort pouches are laminated inside with multiple layers of metal foil and plastic films that can resist high temperature as well as intense pressure. Retort pouches are readily available transparent, light in weight polyethylene or PET films which act as a barrier to oxygen and moisture. Retort pouches are currently used as an alternative to metal cans in the food packaging industry as they provide better shelf life. Retort packaging protects food products from contamination thus improving the aesthetic appeal of the product. Retort Pouches consist of add-on features such as zippers, spouts and fitments, pour spouts, release valves and slider closures. As a result, the demand for retort pouches has increased over the years to a significant level leading to growth in global retort pouches market. 

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Global Retort Pouches Market: Drivers & Restraints

Retort pouches have gained momentum in demand of consumption of packed food in both developed and emerging economies owing to growth in urbanization, increase in disposable income, the rise in working-class population, etc. Also, Retort pouches are heat-resistant, and thus due to increased health awareness among the consumers, the demand of retort pouches for food packaging has grown over the years. Retort pouches can also be used for printing logos of various brand to increase the brand awareness with growth in the product sale. Retort pouches have applications in frozen food packaging, pet food packaging, organic food packaging, etc. However, dynamic changes in the cost of raw materials used in the production of pouches create ambiguity in the manufacture of retort pouches thus hindering the growth of global retort pouches market.

Global Retort Pouches Market: Segmentation Overview

The demand for retort pouches as a packaging solution in food and beverages industry has witnessed a significant growth in the recent past at both customer end as well as manufacturer end. Revenue contribution from the pouches made of transparent PET films, an environmentally packaging solution is expected to fuel the growth of the global retort pouches market to a significant extent during the forecast period.

Global Retort Pouches Market: Regional Overview

Geographically, the global retort pouches market is segmented into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East and Africa (MEA). Asia-Pacific region especially the emerging economies such as China and India are expected to witness immense growth opportunities from the on growing food and beverages industry. Also, factors such as high demand for ready-to-eat food, rising disposable income, is expected to further propel the demand of the retort pouches in this region during the forecast period. North America and Europe region is a matured market for retort pouches and are thus expected to create substantial demand over the forecast period. As retort pouches are heat resistant in nature, they are in high demand in Middle-East and African region for packaging of food products. Overall, Global retort pouches market is expected to grow at a healthy CAGR over the forecast period.

Global Retort Pouches Market: Key Players

Some of the key players that operate in global retort pouches market are Ampac Holdings, LLC, Mondi Group, Amcor limited, Sealed Air, Bemis Company, Inc., Winpak Limited Company, Coveris Holdings S.A, Sonoco Products Company, Flair Flexible Packaging Corporation, Berry Plastic Group, Inc.

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The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil and Rest of Latin America)
  • Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg and Rest of Western Europe)
  • Eastern Europe (Poland, Russia and Rest of Eastern Europe)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC, S. Africa, and Rest of MEA)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Global Retort Pouches Market: Segmentation

The global report pouches market is segmented on the basis of product type into:

  • Stand-up Pouches
  • Spouted Pouches
  • Zipper Pouches
  • Others

On the basis of material type, the global retort pouches market is segmented into:

  • Polyethylene terephthalate (PET)
  • Polyester
  • Polypropylene
  • Food-Grade Cast Polypropylene
  • Nylon
  • Other

On the basis of end-use, the global retort pouches market is segmented into:

  • Food
  • Pet food
  • Baby food
  • Sea food
  • Ready-to-eat meals
  • Soups & Sauces
  • Others
  • Beverages
  • Pharmaceutical
  • Personal care

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint.

About us :

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact :

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

Bulk Bags Market to Witness Stunning Growth by 2028

Flexible Intermediate Bulk Containers (FIBCs) or bulk bags find wide application across multiple industries including food and beverages, agriculture, and manufacturing. Immense growth opportunities exist for manufacturers of bulk bags and the added scope for innovation pushes manufacturers to launch several types of speciality bulk bags in the global market every year.

Product innovation continues to boost growth in sales of bulk bags, and according to a recent study carried out by Future Market Insights, revenue from the sales of bulk bags across the world is projected to stand at a valuation of US$ 7,971.2 Mn by the end of 2028. This is reflective of a CAGR of 7.0% during the 10-year period 2022 – 2028.

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Bulk Bags Facilitate Enhanced Savings by Reducing Costs of Shipping

Bulk bags are an environmentally friendly cost-effective packaging option and are widely preferred across key industries for transporting different kinds of materials. Bulk bags do not require the use of pallets and this helps eliminate expensive secondary packaging, thereby limiting transportation costs. Bulk bags are also lightweight and highly durable and do not require any kind of additional protective packaging, thereby ensuring huge savings in terms of money. Further, bulk bags can be folded in a compact size when not in use, thereby saving warehouse space. Certain types of bulk bags – 6:1 SFR (Safety Factor Ratio) bags – made of polypropylene can be reused multiple times. These inherent properties make bulk bags the most preferred packaging option for storing and transporting all kinds of products and materials.

Speciality Bulk Bags Specific to the Diversified Needs of Multiple Industries and Applications Trending the Global Market

The use of bulk bags varies according to the industry and the specific purpose of use. On account of the high demand for FIBCs for both storage and transportation, manufacturers are launching various types of speciality bags to address the needs of each industry and application. A quick peek at some of the speciality bulk bags trending today:

Vented bulk bags: Vented FIBCs come with thin strips on all the four sides with single fabric strands that run horizontally and allow free flow of air. These vents help keep the contents of the bulk bags free from moisture. Vented bags are the perfect packaging option to store firewood, which requires to be stored and transported in a dry state. The air vents in these bulk bags helps the wood to remain dry during storage and in transit. Vented bags are also extensively used in the agriculture sector. Certain types of agricultural produce (for instance potatoes) need good ventilation to ensure a free airflow and vented bulk bags are the perfect option for these products.

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Bulk bags with net baffles: Bulk bags with baffles have additional panels of fabric or strings sewn into all the four corners of the bags. This provides additional support and enables filled up bulk bags to be stacked easily. Bulk bags with net baffles are similar; the only difference being the inclusion of horizontal knit yarns sewn into the bags for added stability. Bulk bags with net baffles enable the contents to fit into all corners while ensuring that the basic form factor of the bag remains intact. Bulk bags with net baffles are typically used to store and transport food products such as barley, corn, and soyabean. These bags maximize space while allowing the contents to properly fit into the bag with ease, and are widely in demand in the agriculture sector.

Bulk bags with sift resistant seams: These bags include sift proof seams that are inserted into the bag using a type of spongy yarn. Bulk bags with sift proof seams are used to store certain types of materials that are in fine powder form such as resins, milk powder, and iron powder.

“Bulk bags find wide application across the chemicals and pharmaceuticals industries, and demand from the Asia Pacific region is anticipated to soar in the near future, as a result of the rapid rise in the sales of chemicals and pharmaceuticals in the region. Shift of FIBCs production to India and other Asia Pacific countries is expected to emerge as a new trend in the global bulk bags market in the next few years.” — Analyst – Packaging, Future Market Insights

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Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact :

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
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United Arab Emirates
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Cling Film Market Expected to Witness High Growth by 2031

Consumer preference for easy food wrapping solutions is expected to drive the cling film market. According to Future Market Insights (FMI), cling films sales to rise at 5% CAGR between 2021 and 2031. Rising demand for high-quality and efficient packaging solutions at lower cost will drive cling film sales in the food sector.

Within the food industry, cling films are used for protecting fruits and vegetables, meat, seafood, dairy products, frozen foods, and other items against contamination and improve their shelf life. Besides this, cling wraps are used for packaging of non-food items such as consumer goods, healthcare products, and more.

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Cling film protects products from getting contaminated by keeping them fresh while also enhancing shelf life. Cling film is primarily used for short term preservation for on-the-go food and online deliveries through e-commerce channels. These factors are acknowledged as critical factors driving the cling films market.

Cling films provide protection against various biological, chemical and physical threats. Cling films are also used as a barrier on wounds by not allowing moisture or microorganisms to affect the area. The growth of the cling film market is also moderately driven by the healthcare industry as no other material other than plastic satisfies the requirements.

The demand for packaged food has increased exponentially in the past few years. This growth is primarily due to changing lifestyle and the resulting consumption of ready-made food products.

Major fast-food retailers such as Pizza Hut, McDonald’s, Dominos, Subway, and KFC have already established their presence in the North American region. The growing demand for on-the-go and fast-food products will create immense opportunities for packaging manufacturers to grow along with the market.

Food companies are looking for packaging manufacturers who are able to offer high-quality and efficient packaging solutions at cheaper costs. These factors are likely to drive the demand for cling film across North America.

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Key Takeaways from the Cling Film Market Study

  • Polyvinyl chloride is expected to create incremental opportunity of US$ 508.3 million by 2031. It is cost-effective and suitable for recycling processes.
  • Cling film products up to 9 microns in thickness is estimated to increase 1.7 times by the end of 2031, attributed to clear and transparent packaging for food product displays.
  • Canada is expected to reflect faster growth in North America, with a 6.5% CAGR due to the presence of key players and the availability of technological advancements.
  • Germany leads Western Europe accounting for 26% of the value share by 2031, owing to relatively higher production capacity.
  • China will continue to dominate APEJ holding over 40% of the market through 2031, supported by a large base of end users and manufacturers.

“With competition expected to get fiercer, market players are expected to focus on capacity expansion. Mergers and acquisitions will remain key strategy as companies aim for strengthening their global footprint,” said a lead analyst at FMI.

Impact of COVID-19 on Cling Film Market

The covid-19 outbreak has bolstered the demand for food packaging solutions under the essential products category. Demand for packed foods, online deliveries, on-the-go food, and consumer goods has shifted drastically due to the shutdown caused by the pandemic for which packaging demand has risen.

Packed frozen foods with the help of cling film has been sold globally through e-commerce platforms. Due to the Covid-19 outbreak, consumers and marketers have displayed increased interest in the use of hygienic products which are reusable and recyclable outweighing concerns about plastic disposal in terms of environment.

Who is Winning?

Tier 3 players in the cling film market hold 80-90% of the overall value share. Key players contribute up to 20% of the global demand. Capacity expansion and material innovation strategies will remain important in the coming decade.

Berry Global, Intertape Polymer Group, Gruppo Fabbri Vignola S.p.A, Klöckner Pentaplast Europe GmbH & Co. KG, Anchor Packaging, Wrapex Limited, and among others are the prominent players in the global cling film market.

 

About us :

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact :

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
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Water Soluble Pods Packaging Market to Garner Brimming Revenues by 2028

Water soluble pods packaging is another offering by the sustainable packaging industry, which is intended to diminish waste disposal around the world. This packaging is beneficial in a lot of ways, which make its products witness a definite market growth. However, a new research report by Future Market Insights predicts an even more positive future for the market. According to this report titled ‘Water Soluble Pods Packaging Market: Global Industry Analysis 2013 – 2021 and Opportunity Assessment 2022 – 2028,’ the global water soluble pods packaging market is expected to witness skyrocketing growth rate in the coming decade.

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This critical analysis reveals that the global water soluble pods packaging market is expected to hold a market value of US$ 135 Mn in 2022, reaching a value of US$ 620 Mn by the end of 2028. The exponential CAGR for the global water soluble pods packaging market is expected to stand at 16.4% during the forecast period 2022-2028.

Water Soluble Pods Packaging Market: Dynamics

The positive aspects related to the usage of water soluble pods packaging is marking the growth of this market. As the name suggests, these pods are water soluble, which makes these environment friendly as well. These pods are used in the packaging of laundry detergents, dish wash, spa cosmetics etc. Usage of eco-friendly packaging of products is necessary due to excessive usage of plastic around the world, which has led to rising concerns about non-decomposable waste accumulation.

Water soluble (PVA) films are soluble in cold and hot water and hence leave no residue. These beneficial features of PVA are encouraging detergent manufacturers to use it as a packaging material. Procter & Gamble, a global manufacturer of consumer goods and household products has witnessed sales to the tune of US$ 1.5 billion from their product named “Tide Pods and Ariel Pods” that are laundry detergent pods.

However, there are a few myths and risks associated with the usage of water soluble pods. Some believe that the smell of laundry pods causes irritation and headache. It is also believed that water soluble pods result in clogging. Other than this, some cases have shown that consumption of water soluble pods can be life threatening. The packaging of water soluble pods is such that it makes children consume these thinking it to be a candy – there have been numerous instances of such cases. All these factors may discourage the use of water soluble pods, which may result in restricted growth of the global water soluble pods packaging market.

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Water Soluble Pods Packaging Market: Dish Wash and Detergents to Have Neck to Neck Competition

Among the different uses of water soluble pods packaging, dishwashers and detergents are the most common. According to this research report, the dishwash and detergent markets are expected to witness a similar growth rate in the global water soluble pods packaging market. However, in terms of market value, the detergents market is way ahead of the dishwash market. The report further indicates that water soluble pods packaging will be a key part of other end user industries in the near future.

 

About us :

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact :

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
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Sodium Molybdate Market Application, Region Wise Trend, Participants, Analysis report 2026

Sodium Molybdate also known as disodium dioxido(dioxo)molybdenum is a chemical compound extensively consumed in fertilizer application. Other uses of sodium molybdate include nutritional supplement in food industry and as corrosion inhibitor in industrial applications. Sodium molybdate is often found as dehydrate and was first synthesized by the method of hydration.

Sodium molybdate is an organic salt which is found in dietary supplements and other nutritional supplement. Sodium molybdate is a good source of molybdenum, it is used to for nitrogen fixation to support healthy growth of leguminous plants such as peas & leans, clover & Lucerne. Sodium molybdate is used as corrosion inhibition in industry. In addition, sodium molybdate is also used for reducing nitrite requirement of fluids inhibited with nitrite-amine in chemical plants and improves corrosion protection.

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Sodium molybdate Market: Dynamics

Rapid industrialization across the globe is leading to increasing discharge of waste water and associated chemicals in to ecosystem, stringent government regulations on water disposal and environmental safety is leading towards increasing capacities of chemical and water treatment. Sodium molybdate is used for corrosion inhibition and water treatment in these facilities. Such investments in these facilities are expected to drive sodium molybdate consumption across the globe.

Growing civil infrastructure and textile market require high performance pigment and dyes which in turn is expected to drive demand for sodium molybdate in dyes and pigment application. Increasing awareness towards health and nutritional supplements coupled with changing lifestyle and increasing number of working population has created significant demand for dietary supplements. As sodium molybdate is one of the ingredient in these supplements, its demand is expected to witness consistent increase in near future.

Increasing urbanization leading to decreased availability of arable land and increasing demand for yield and productivity improvement has led to significant developments in fertilizers. New and advanced formulations of fertilizers incorporating sodium molybdate are available in the market to address yield and productivity concerns. Apart from nutritional supplement, food and beverage industry utilizes sodium molybdate as ingredient in other formulations and preservatives.

Sodium molybdate is emerging as possible alternative additive for sodium dichromate in the electrolytic production of sodium chlorate to reduce environmental impact without hampering performance in maintaining high current efficiency. Increasing use of sodium molybdate for aforementioned applications is a growth factor for sodium molybdate consumption in near future.

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Global Sodium molybdate Market: Region-wise Outlook

Global Sodium molybdate market is divided into the main region, Asia-Pacific, Western Europe, Eastern Europe region, Middle East Africa, Japan, and North America & Latin America. North America is expected to grow in future due to demand of fertilizer & nutrition supplement. Asia-pacific also expected to grow in future because of industrialization and growing food industry can shape global sodium molybdate market.

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Sodium molybdate Market: Key Players

Some of the key players and service providers identified and include in the report of Sodium molybdate Market are: Climax molybdenum, Chem-met Company, Jinduicheng molybdenum co.ltd, Grishma metal technology, Columbus Chemical Industries, Inc., Nippon Inorganic Colour & Chemical, Luoyang Dingding Molybdenum and Tungsten Material CO., LTD, Anqing Yuetong Molybdenum Co., Ltd among other key participants in the market.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types and applications.

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Value Chain

Regional analysis includes:

  • North America
  • Latin America
  • Asia Pacific
  • Japan
  • Western Europe
  • Eastern Europe
  • Middle East & Africa

Pallet Stretch Wrapping Machines Market Size, Share, Growth Trends, and Forecast Analysis to 2027

According to the research report titled “Pallet Stretch Wrapping Machines Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)” published by Future Market Insights throws light on several aspects driving the global market. The growth of the pallet stretch wrapping machines market is influenced by several factors such as trends, developments, drivers and challenges, the analysis of which is included in this fact based research report. The exhaustive research publication covers historical data analysis along with current scenario as well as future projections of the market from a value and volume standpoint for a 10 year period, starting from 2017 till 2027. The analysis on various segments playing a major role in the expansion of the global pallet stretch wrapping machines market has been carried out to get a complete picture.

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Increasing Demand for Equipment for Unitization of Loads to Fuel Market Growth

Increasing customer demands for quality, speed and security across supply chains has driven optimization in packaging operations. Pallet stretch wrappers are new equipped with new features to meet consumer demands. End users require machines that can deliver efficient packaging, safe shipment and secure loads of varying types at enhanced efficiency. Pallet stretch wrapping machine is a unitizing equipment that requires minimal operator intervention. These machines are considered as critical packaging solutions from the beginning of the shipping process and logistics and not at the end of the packaging line.

This has spurred the demand for pallet stretch wrapping machines across industries. To maintain wrapping standards, suppliers and manufacturers of semi-automated and automated packaging machines have offered sophisticated test laboratories for test analysis. Latest pallet stretch wrapping machines are equipped with advanced sensors that detect load weight, load height and stability quotient. These features are expected to drive the growth of the global pallet stretch wrapping machines market in the coming years.

Reluctance from End Use Industries with Low Production Capacity to Restrain Market Growth

As pallet stretch wrapping machines offer higher pace of wrapping pallet loads per hour, they are used by manufacturers that have high production output. Manufacturers that have high production volumes require high pallet loads opt for these machines. Pallet stretch wrapping machines are comparatively costlier than other packaging machines and are not affordable for small scale manufacturers that produce low production volume. Due to low manufacturing volume packaging machines are used for short duration of time, consequently resulting in high idle time. This has caused increased reluctance from end use industries with relatively less production output with respect to use of pallet stretch wrapping machines, thus hindering the growth of the global market.

According to Future Market Insights, the global market for pallet stretch wrapping machines is projected to expand at a value CAGR of 4.3% throughout the period of assessment. In 2017, the global market stood at US$ 333.5 Mn and is estimated to reach a valuation of more than US$ 500 Mn by end of the forecast period (2027).

Competitive Landscape

Manufacturers involved in the global pallet stretch wrapping machines include Muller Load Containment Solutions, Arpac LLC, Robopac SPA, Hangzhou Youngsun Intelligent Equipment Co. Ltd., Italdibipack S.p.A, Fromm Packaging Systems, Inc., Wulftec International Inc., Atlanta Stretch Spa, Phoenix Wrappers, Inc., Tosa s.r.l., SIAT S.p.A, Lantech, Inc., Webster Griffin Ltd., and Perks Engineering.

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Global Pallet Stretch Wrapping Machines Market: Key Insights

  • Asia Pacific excluding Japan (APEJ) is expected to be the largest region with respect to adoption of pallet stretch wrapping machines. This region is characterised by presence of various end use industries that require installation of such packaging machinery. Emerging economies of China and India are creating potential growth opportunities for manufacturers of pallet stretch wrapping machines. The sale of pallet stretch wrapping machines in this region is expected to touch a value a little under US$ 170 Mn by the end of the period of assessment (2027)
  • Automatic pallet stretch wrapping machines are gaining high traction since past years. Increasing use of rotary arm, turntables, robots and ring type of automatic machines is fuelling the adoption of automatic pallet stretch wrapping machines across end use industries
  • Standard order segment in the order type is expected to lead the global market with a high market valuation an significant growth rate as end users prefer standard machines developed by manufacturers and not customized packaging machines

About us :

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact :

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com